MASTER CONSULT INTER: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
MASTER CONSULT INTER
Largest movements
- Tangible fixed assets -€169,531
down €169,531 (-7.1%), from €2.4m to €2.2m
of which Land and buildings: -€125,697
- Cash -€108,215
down €108,215 (-99.4%), from €108,894 to €678
mainly Debts after one year (-€458,771) and Net result for the year (-€260,703)
- Debts after one year -€458,771
down €458,771 (-23.3%), from €2.0m to €1.5m
of which Financial debts: -€458,771
- Current portion of long-term debt +€331,608
up €331,608 (+43.2%), from €767,162 to €1.1m
- Profit (loss) carried forward -€245,794
down €245,794, from €18,085 to -€227,709
- Other debts +€83,340
up €83,340 (+24.7%), from €337,509 to €420,849
- Reserves -€41,879
down €41,879 (-5.9%), from €711,291 to €669,412
of which Non-distributable reserves: -€26,970
- Gross operating margin -€226,079
down €226,079 (-85.1%), from €265,779 to €39,701
- Financial charges +€34,696
up €34,696 (+44.3%), from €78,284 to €112,980
- Financial income -€20,738
down €20,738 (-72.5%), from €28,595 to €7,857
- Depreciation +€2,977
up €2,977 (+1.8%), from €169,514 to €172,491
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,119,154 | €3,804,193 | -€314,961 | -7.6% |
| Fixed assets | 21/28 | €2,559,091 | €2,388,960 | -€170,131 | -6.6% |
| Tangible fixed assets | 22/27 | €2,393,491 | €2,223,960 | -€169,531 | -7.1% |
| Land and buildings | 22 | €2,146,379 | €2,020,682 | -€125,697 | -5.9% |
| Plant, machinery and equipment | 23 | €23,117 | €2,985 | -€20,132 | -87.1% |
| Furniture and vehicles | 24 | €978 | €11,853 | +€10,875 | +1112.1% |
| Other tangible fixed assets | 26 | €223,018 | €188,439 | -€34,578 | -15.5% |
| Financial fixed assets | 28 | €165,600 | €165,000 | -€600 | -0.4% |
| Current assets | 29/58 | €1,560,063 | €1,415,233 | -€144,830 | -9.3% |
| Stocks and contracts in progress | 3 | €740,775 | €740,775 | = | 0.0% |
| Stocks | 30/36 | €740,775 | €740,775 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €420,997 | €416,995 | -€4,002 | -1.0% |
| Trade receivables | 40 | €23,435 | €0 | -€23,435 | -100.0% |
| Other amounts receivable | 41 | €397,561 | €416,995 | +€19,434 | +4.9% |
| Current investments | 50/53 | €289,398 | €256,785 | -€32,613 | -11.3% |
| Cash at bank and in hand | 54/58 | €108,894 | €678 | -€108,215 | -99.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €4,119,154 | €3,804,193 | -€314,961 | -7.6% |
| Equity | 10/15 | €747,976 | €487,273 | -€260,703 | -34.9% |
| Contributions | 10/11 | €18,600 | €45,570 | +€26,970 | +145.0% |
| Reserves | 13 | €711,291 | €669,412 | -€41,879 | -5.9% |
| Non-distributable reserves | 130/1 | €26,970 | €0 | -€26,970 | -100.0% |
| Reserves not available under the articles | 1311 | €26,970 | €0 | -€26,970 | -100.0% |
| Tax-exempt reserves | 132 | €611,319 | €596,410 | -€14,909 | -2.4% |
| Distributable reserves | 133 | €73,003 | €73,003 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,085 | -€227,709 | -€245,794 | |
| Provisions and deferred taxes | 16 | €203,773 | €198,803 | -€4,970 | -2.4% |
| Deferred taxes | 168 | €203,773 | €198,803 | -€4,970 | -2.4% |
| Amounts payable | 17/49 | €3,167,405 | €3,118,116 | -€49,289 | -1.6% |
| Amounts payable after more than one year | 17 | €1,966,723 | €1,507,951 | -€458,771 | -23.3% |
| Financial debts | 170/4 | €1,964,473 | €1,505,701 | -€458,771 | -23.4% |
| Other amounts payable | 178/9 | €2,250 | €2,250 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,200,682 | €1,603,335 | +€402,653 | +33.5% |
| Current portion of amounts payable after more than one year | 42 | €767,162 | €1,098,771 | +€331,608 | +43.2% |
| Financial debts | 43 | €0 | €24,082 | +€24,082 | |
| Credit institutions | 430/8 | €0 | €24,082 | +€24,082 | |
| Trade debts | 44 | €72,250 | €44,127 | -€28,122 | -38.9% |
| Suppliers | 440/4 | €72,250 | €44,127 | -€28,122 | -38.9% |
| Taxes, remuneration and social security | 45 | €23,761 | €15,506 | -€8,255 | -34.7% |
| Taxes | 450/3 | €23,761 | €15,506 | -€8,255 | -34.7% |
| Other amounts payable | 47/48 | €337,509 | €420,849 | +€83,340 | +24.7% |
| Accrued charges and deferred income | 492/3 | - | €6,830 | +€6,830 | |
| Non-recurring operating income | 76A | €120,588 | €0 | -€120,588 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €169,514 | €172,491 | +€2,977 | +1.8% |
| Other operating charges | 640/8 | €13,441 | €15,914 | +€2,473 | +18.4% |
| Non-recurring operating charges | 66A | - | €6,205 | +€6,205 | |
| Gross operating margin | 9900 | €265,779 | €39,701 | -€226,079 | -85.1% |
| Operating profit (loss) | 9901 | €82,824 | -€154,910 | -€237,733 | |
| Financial income | 75/76B | €28,595 | €7,857 | -€20,738 | -72.5% |
| Recurring financial income | 75 | €28,595 | €7,857 | -€20,738 | -72.5% |
| Financial charges | 65/66B | €78,284 | €112,980 | +€34,696 | +44.3% |
| Recurring financial charges | 65 | €78,284 | €112,980 | +€34,696 | +44.3% |
| Profit (loss) for the period before taxes | 9903 | €33,134 | -€260,033 | -€293,168 | |
| Transfer from deferred taxes | 780 | €4,970 | €4,970 | = | 0.0% |
| Income taxes | 67/77 | €5,753 | €5,639 | -€114 | -2.0% |
| Profit (loss) for the period | 9904 | €32,351 | -€260,703 | -€293,054 | |
| Transfer from tax-exempt reserves | 789 | €14,909 | €14,909 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €47,260 | -€245,794 | -€293,054 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.